Despite poor 2024 FY performance, in Q1 2025, Knife River is improving on a YoY basis. Revenues are increasing by price but not by quantity. The recent sell-off has improved valuation. Relative ...
Two camps traditionally exist when it comes to stock valuation: intrinsic vs. relative. Intrinsic valuation involves cash flow projections, estimated growth rates, and present value discounting.
At the heart of the DCF is the basic assumption that a firm’s intrinsic valuation is equivalent to the sum of all its future free cash flows (FCF). As those familiar with the DCF will know, ...